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6901 Salerno Road, Fort Pierce, FL 34951

3 beds • 3 baths • 1998 sqft

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This property looks like a bad Airbnb investment with a projected -1.64% first-year return on $87,678 initial cash invested.

-1.64%

Cash On Cash

5.88%

Cap Rate

1.01

DSCR

$3,437

Rent

-$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,678

Downpayment

20%

$66,360

Closing costs

1%

$3,318

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,437

Total Expenses

$3,557

Mortgage P&I

47%

$1,608

Property Taxes

6%

$202

Home Insurance

3%

$98

HOA

0%

$0

Property Management

15%

$516

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$859

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